TFI International (NYSE:TFII) Price Target Raised to $105.00 at Susquehanna

TFI International (NYSE:TFII) had its target price increased by Susquehanna from $100.00 to $105.00 in a research report released on Wednesday morning,Benzinga reports. The brokerage currently has a positive rating on the stock.

Several other equities analysts have also issued reports on the company. TD Cowen cut their price target on TFI International from $128.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. The Goldman Sachs Group lowered their price target on TFI International from $176.00 to $150.00 and set a “buy” rating for the company in a report on Friday, February 21st. Citigroup increased their price objective on TFI International from $95.00 to $107.00 and gave the stock a “buy” rating in a report on Friday, April 25th. National Bankshares increased their price target on TFI International from $132.00 to $138.00 and gave the company an “outperform” rating in a research report on Friday, April 25th. Finally, Susquehanna Bancshares decreased their target price on TFI International from $105.00 to $100.00 and set an “outperform” rating on the stock in a report on Friday, April 25th. One research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $121.50.

TFI International Stock Up 0.8%

TFII opened at $88.65 on Wednesday. TFI International has a fifty-two week low of $72.02 and a fifty-two week high of $158.93. The business has a 50-day moving average of $84.78 and a 200-day moving average of $105.75. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.03 and a quick ratio of 1.02. The company has a market capitalization of $7.40 billion, a PE ratio of 19.40, a price-to-earnings-growth ratio of 2.65 and a beta of 1.49.

TFI International (NYSE:TFII) last issued its quarterly earnings results on Wednesday, April 23rd. The company reported $0.76 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.19). TFI International had a return on equity of 16.69% and a net margin of 4.59%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.46 billion. Equities research analysts forecast that TFI International will post 7.76 EPS for the current fiscal year.

TFI International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 30th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Monday, June 30th. TFI International’s payout ratio is 39.39%.

Hedge Funds Weigh In On TFI International

A number of institutional investors have recently modified their holdings of TFII. Brown Brothers Harriman & Co. increased its holdings in TFI International by 124.8% during the fourth quarter. Brown Brothers Harriman & Co. now owns 236 shares of the company’s stock valued at $32,000 after buying an additional 131 shares during the period. CIBC Private Wealth Group LLC increased its holdings in TFI International by 40.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 555 shares of the company’s stock valued at $74,000 after buying an additional 160 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in TFI International by 4.2% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,012 shares of the company’s stock valued at $698,000 after buying an additional 363 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its holdings in TFI International by 7.8% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 37,353 shares of the company’s stock valued at $5,046,000 after buying an additional 2,696 shares during the period. Finally, United Services Automobile Association purchased a new position in TFI International during the first quarter valued at approximately $217,000. 73.30% of the stock is owned by hedge funds and other institutional investors.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.